Here's What PwC Analysis Found 04/24/2021 12:00 pm NEW YORK–A new survey reveals shifting attitudes among employers and employees related to productivity gains and working from home.
Complaint Alleges Operator of Defunct Debt Collection Scheme Attempted to Hide $1.6M Home 04/25/2021 04:56 pm WASHINGTON—The Consumer Financial Protection Bureau and New York Attorney General Letitia James filed a complaint in federal court to seize a $1.6 million home after alleging its ownership was fraudulently transferred by the operator of a massive and now-defunct debt-collection scheme.
Three U.K. Credit Unions Join ‘Comparison Services’ Being Offered to Consumers by Experian 04/25/2021 04:55 pm LONDON–Experian is reporting it has added three U.K. credit unions to its comparison services in a bid to widen access to affordable and ethical credit.
Provider of Merchant Cash Advances Pays $9.8 Million to Settle Charges 04/25/2021 04:55 pm WASHINGTON—Yellowstone Capital, a provider of merchant cash advances, will pay more than $9.8 million to settle Federal Trade Commission charges that it took money from businesses’ bank accounts without permission and deceived them about the amount of financing business owners would receive and other features of its financing products, the FTC said.
New Research Projects Huge growth in Domestic Money Transactions 04/25/2021 04:56 pm BASINGSTOKE, U.K.–A new study from Juniper Research has found digital domestic money transfer transaction values will rise from $2 trillion in 2020 to $3.4 trillion in 2025, driven by growth of mobile money transfers.
45 People Earn DEI Certificates in New CUES Program 04/26/2021 07:45 pm MADISON, Wis.— Forty-five credit union leaders have received their Diversity, Equity and Inclusion Certificate as a result of taking the Diversity, Equity and Inclusion Certificate Program from CUES and Cornell University.
New FICO Study Shows Degree to Which Consumers Have Embraced Digital Banking, Plus Other Findings 04/26/2021 07:45 pm SAN JOSE, Calif.–FICO has released its second annual Consumer Digital Banking study, showing the degree to which consumers across the U.S. and Canada have embraced digital banking and biometric identity proofing during the COVID-19 pandemic.
Virtual SacTown Run Raises $200K For 11 CMN Hospitals 04/26/2021 07:46 pm SACRAMENTO, Calif.–The annual Credit Union SacTown Run, held virtually this year due to ongoing COVID-19 pandemic concerns, raised $200,050 for 11 Children’s Miracle Network hospitals in California and Nevada.
International CU Movement Calls on G20 Countries to Take Action on Inclusion 04/26/2021 07:44 pm WASHINGTON—The international credit union movement is calling on the G20 to take action to increase financial inclusion through a focus on the “importance of proportionality.” The World Council and CUNA advocated for their position in a letter the groups wrote to Treasury Secretary Janet Yellen in advance of the release the 2021 G20 Rome Leaders’ Declaration.
